William Mougayar shares his State of the Token Market in a new report
Renowned crypto investor William Mougayar has just released his latest “State of the Token Market” presentation, and insights abound. The most useful pieces are Mougayar’s take on the disconnect between the value of tokens and their valuations, as well as his analysis on the current division in the crypto regulatory landscape.

Bitcoin developer Jimmy Song explains why Bitcoin works so well for today’s society
Everyone knows that Bitcoin has tremendous power and has taken the financial world by storm, but not many seem to know why exactly it’s working so well. According to Song, this is primarily because inflation factors heavily into time preference, and users in the current day and age have a newfound desire to truly own their currency (something that simply isn’t possible with fiat today).

The Rise and Fall of the National Crypto Movement
Along with the rise of ICOs last year came a sharp uptick in activity around the “National Crypto Movement”, roughly defined as digital tokens being issued as currency by a given state or country. However, none of these token projects have actually come to fruition yet, and the lessons learned from this lack of the adoption will prove useful to crypto founders.

Kraken’s revised stance on crypto regulation is revealing
After the New York Attorney General submitted a request to the crypto exchange for client information, the exchange responded by releasing a lengthy clarification of its stance on regulation in a snarky retort that is both a clearly-worded response and a condemnation of what most regulators are getting wrong about legislating crypto.

This is why America’s biggest bank is going all-in on crypto
Once American banking giant JP Morgan announced a groundbreaking partnership with Zcash, the rest of the crypto community took notice. The firm is showing it’s serious about adopting blockchain technology, and it’s on the cutting edge of the effort to transform the financial services industry through cryptocurrencies.

Edited by Chris Osborne in Bangkok. Check out CryptoList if you haven’t already. More info on sponsoring a future edition of CryptoWeekly can be found here. Reply to this email if you have any feedback and/or suggestions. Thanks for reading.

Nothing shared or published by CryptoWeekly constitutes an investment recommendation, nor should any data or content published by CryptoWeekly be relied upon for any investment activities. CryptoWeekly strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned